It's a relatively inconsequential cost increase from the corporate perspective. From the union side, they got better than Boeing's best offer.
More Quotes from Richard Aboulafia:
No one was told that there was a choice between Iraq and recapitalizing the nation's military.Richard Aboulafia
Boeing has all the blue chip orders. Airbus only has 100 orders for the A350.
Richard Aboulafia
This is a good way to address the shrinking number of dollars out there in the defense business. The defense game is definitely changing.
Richard Aboulafia
It's more about service, information and customer relations than metal- bending. It's also a fragmented market, ripe for consolidation.
Richard Aboulafia
While a strike of a couple of weeks might be doable, some kind of accommodation would have to be reached. If Boeing does cave and give them something like what they want, it will be a bit of a hollow victory because in the long run it will probably result in increased outsourcing.
Richard Aboulafia
There is a good chance that there will be Dubai bashing and xenophobia in Congress. That could help poison commercial relations, and I would hope that calmer heads will prevail.
Richard Aboulafia
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